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Property profile & analytics
OFF-MARKET Estimated value $1,110,000
Retail space

1614 Shotwell St Bainbridge, GA 39819-4348

41,829 SF 5.63 ac lot Built 1980
Entity Owned 20-yr Hold Free & Clear
Property ID
US22-3248343
Property summary
AI-generated overview

This exceptional 5.63-acre commercial property in Bainbridge, Georgia, presents a lucrative investment opportunity. Located at 1614 Shotwell St, in Decatur County, zip code 39819 (30.9037213, -84.5504764), the property boasts a substantial 22,000 square foot climate-controlled storage facility currently operating at 98% occupancy. The facility comprises 144 individual storage units and includes 1,260 square feet of hallways and entryways. An additional 9,000 square feet of office space is also included within the existing structure. The property's current configuration offers immediate income generation, while the remaining acreage provides significant potential for future development. Phase II plans include an additional 8,200 square feet of climate-controlled storage, leveraging the existing infrastructure and expanding the facility's capacity. The asking price for this turnkey operation is $3,400,000. This property is ideal for investors seeking a strong return on investment in a thriving Georgia market. The existing facility's high occupancy rate demonstrates the strong demand for climate-controlled storage in the area, making this a compelling opportunity for growth and expansion.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction TYPE NOT SPECIFIED
Total area 41,829 SF
Lot 5.63 ac (245,243 SF)
APN B0680-001-B00
UPID US22-3248343
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • American Self Storage Storage Facility
  • Brock Rentals Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.11M
Owner & transaction history
Decatur County Development LLC · 20 yrs held
Decatur County Development LLC
since 2005
1 recorded transaction
2005
$525,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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